The Indonesia stock market has tracked lower in back-to-back sessions, giving up nearly 140 points or 1.9 percent along the way. The Jakarta Composite Index now sits just beneath the 7,325-point plateau and it figures to remain stuck in neutral again on Monday. The global forecast for the Asian markets suggests little movement ahead of...
Indian shares look set to open on a muted note Monday after seeing much volatility in the previous session. Foreign institutional investors (FII) bought shares worth Rs 2,335.32 crore on a net basis on December 13, while domestic institutional investors (DII) sold shares to the extent of Rs 732.20 crore, according to the provisional data...
The Australian stock market is drifting further lower in mid-market trading on Monday, adding to the losses in the previous four sessions, with the benchmark S&P/ASX 200 index still staying below the 8,300.00 level, with weakness across most sectors led by mining and technology stocks. The benchmark S&P/ASX 200 Index is losing 30.80 points or...
Coinbase has proposed a six-point framework to address the U.S.’s crypto regulatory gaps.The lack of clear laws risks pushing innovation offshore and leaves consumers unprotected. The U.S. crypto ecosystem has weakened in a net of regulatory confusion, leaving both innovators frustrated and consumers helpless. One of the major crypto platforms, Coinbase, took a big step...
Bitcoin’s price started the year strong at $102,488 but experienced a downturn to $91,000 before slightly recovering to $96,390 recently.Despite volatility, analysts predict a significant Bitcoin rally in Q1 2025, potentially reaching $139,633 by March, driven by historical trends and institutional investment. At the start of the year, Bitcoin hit $102,488, sparking hopes of an...
CryptoQuant CEO Ki Young Ju believes Bitcoin will not enter a bear market in 2025, even with a 30% correction from its peak.Institutional adoption and ETF inflows support Bitcoin’s ongoing bull cycle, while altcoin strength hints at a potential shift in market dynamics. The crypto market has continued to attract attention this year, especially with...
Coinbase CEO Brian Armstrong recently stirred controversy on X by suggesting that Bitcoin, given its growing popularity, could be considered a meme coin.Armstrong admitted that while he doesn’t actively trade meme coins, he recognizes their cultural and technological significance, comparing them to early internet trends. In a statement that has sparked intense debate within the...
Bitcoin-focused financial services firm Fold Holdings is seeking a Nasdaq listing under the ticker symbol “FLD” to enhance transparency and access to institutional capital.Fold’s platform has facilitated over $2.5 billion in transactions and attracted 600,000 customers. Its vision includes integrating BTC rewards into daily financial transactions. Fold Holdings, Inc., a Bitcoin-focused financial services firm, has...
Dogecoin eyes a breakout above $0.26, with analysts predicting a potential rally toward $0.31 and long-term targets up to $5.80. Institutional interest rises as Grayscale’s Dogecoin ETF proposal gains SEC recognition, boosting adoption prospects and market liquidity. Dogecoin (DOGE) is signaling a potential breakout as it navigates volatile market conditions, with traders eyeing a move toward...
Bitcoin has continued to face pressures from macroeconomic trends.The coin remains prime for growth as it holds support around the $95,000 range. Although Bitcoin (BTC) has recovered from critical downward levels, its price is still below the $100,000 threshold. The price of Bitcoin has been in a contraction phase since the coin’s second attempt to...